Bitcoin ETFs see $428.6M comeback for May and $85.85M wey enter on June 12; AUM $79.65B
Bitcoin ETFs show renewed lift for US spot demand over two sessions. On May 28, di 11-fund group record $428.6M net inflows after di day before $733.4M outflow. On June 12, US spot Bitcoin ETFs log $85.85M daily net inflows, bringing total AUM to $79.65B, or 6.26% of Bitcoin market cap.
BlackRock IBIT lead June 12 with $57.69M net inflow and +906.37 BTC. Fidelity FBTC add $18.00M. Ark 21Shares ARKB add $3.17M, VanEck HODL add $1.80M. Grayscale GBTC (and im oda BTC product) post zero daily net inflow, keep dispersion high.
For traders, these Bitcoin ETF inflow prints be short-term sentiment tailwind for BTC, but di continued lack of inflows into GBTC show say di rebound fit be concentrated for specific funds and no really spread everywhere.
Bullish
Bitcoin ETF inflows resume afta wan heavy outflow day, and the later June 12 print still keep positive net demand, raising AUM to $79.65B. Dis usually support BTC by bettering expectations for spot buying and reducing immediate selling pressure. But issuer-level spread still dey wide—especially GBTC still dey show zero daily net inflow—so di effect fit dey more concentrated than fully broad-based. Net: supportive for short-term sentiment, with upside risk as long as inflows dey continue.